$600,000
PENDING

23027 Indian Ridge Rd Picayune, MS 39466

Estimated payment $3,598/month

Total Views 6,576
10 Beds
7 Baths
9,733 Sq Ft
$62 Price per Sq Ft

About This Home

OWNER/AGENT Investment Opportunity - 10-Unit Multi-Family Property on 2 Acres Rare opportunity to own a well-maintained, income-producing 10-unit multi-family property situated on a spacious 2-acre parcel. This turnkey investment is 100% occupied and boasts strong, consistent cash flow with a reliable management team already in place. Each building on the property has seen significant capital improvements, including new roofs installed within the last five years and individual septic systems for each building replaced in 2022.

Listing Agent

Nick Ray

RE/MAX Results In Real Estate, Inc. License #S50911 Listed on: 09/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,117

Year Built

  • Built in 2006

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 9,733 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms

Additional Features

  • Porch
  • 2.02 Acre Lot
  • Septic Tank

Community Details

  • 10 Units
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036-0-23-038.013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,117

Year Built

Built in 2006

Lot Details

2.02 Acres

Listing Details

  • Unit Levels: Two
  • Prop. Type: Residential Income
  • Structure Type: Duplex
  • Year Built: 2006
  • Lot Size Acres: 2.02
  • Subdivision Name: Metes And Bounds
  • New Construction: No
  • General Property Information:List PriceSqFt: 61.65
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • AtticFeaturesAttic: Yes
  • BasementFeaturesBasement: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Furnished: No
  • Owner Pays: Grounds Care, Trash Collection, Electricity, Taxes, Water, See Remarks
  • Owner Pays: Grounds Care, Trash Collection, Electricity, Taxes, Water, See Remarks

Exterior Features

  • Disclosures: Agent Owned
  • Roof: Asphalt
  • Patio And Porch Features: Porch
  • WaterfrontFeaturesWaterfront: No
  • Pool Private: No
  • General Property Information:Accessibility Features: No
  • Foundation Details: Slab
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved, Shared Driveway

Utilities

  • Sewer: Septic Tank, See Remarks
  • Water Source: Public
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Connected

Association/Amenities

  • HorseAmenitiesHorseAmenities: No

Lot Info

  • Parcel #: 036-0-23-038.013
  • Lot Size Sq Ft: 87991.2

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Lease Term: Month To Month, 12 Months

Tax Info

  • Tax Annual Amount: 6117.16
  • Tax Year: 2025

Multi Family

  • Number Of Units Total: 10

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,535 $59,156 $3,450 $55,706
2024 $6,517 $58,997 $3,291 $55,706
2023 $6,216 $56,270 $3,291 $52,979
2022 $6,207 $56,187 $3,291 $52,896
2021 $6,207 $59,430 $5,691 $53,739
2020 $6,291 $54,950 $5,691 $49,259
2019 $6,279 $54,950 $5,691 $49,259
2018 $6,328 $55,155 $5,691 $49,464
2017 $6,347 $55,155 $5,691 $49,464
2016 $6,347 $55,155 $5,691 $49,464
2015 $5,734 $51,027 $6,060 $44,967
2014 $5,843 $50,989 $6,060 $44,929
2013 $5,657 $50,989 $6,060 $44,929
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2026 01/16/26 Pending -- -- --
09/10/2025 09/10/25 For Sale $600,000 +33.3% $62 / Sq Ft
01/10/2020 01/10/20 Sold -- -- -- View Prior Sale
01/02/2020 01/02/20 Pending -- -- --
09/01/2019 09/01/19 For Sale $450,000 -- $47 / Sq Ft
Source: MLS United

Source: MLS United

MLS Number: 4125178

MLS United

APN: 036-0-23-038.013

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